Section 445FA — Corporations Act 2001: Notice of termination of deed

(1) If a company is subject to a deed of company arrangement, and: (a) the administrator of the deed has applied all of the proceeds of the realisation of the assets available for the payment of creditors; or (b) the administrator of the deed has paid to the creditors: (i) the sum of 100 cents in the dollar; or (ii) any lesser sum determined by the creditors at a general meeting; or (c) all of the following conditions are satisfied: (i) the company’s obligations under the deed have been fulfilled; (ii) the obligations of any other party to the deed have been fulfilled; (iii) creditors’ claims under the deed have been dealt with in accordance with the deed; the administrator of the deed must: (d) certify to that effect in writing; and (e) within 28 days, lodge with ASIC a notice of termination of the deed. (2) The notice of termination must be in the prescribed form. Note: For termination of the deed, see section 445C.